Quant/Modeling Analyst in Cleveland, OH at Key Bank- Corporate

Date Posted: 2/3/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Cleveland, OH
  • Job Type:
    Banking
  • Experience:
    Not Specified
  • Date Posted:
    2/3/2018
  • Job ID:
    26707BR

Job Description


Quantitative Modeling Analyst, Model Risk (multiple positions) to work in Cleveland, Ohio: Review and verify the conceptual framework, assumptions, technical soundness of the models. Assess model performance through rigid statistical and quantitative analyses of the model outcomes. Verify the model has been properly documented. Document the procedures and results. Conduct data quality assessment to ensure the appropriateness and accuracy of data input. Assess model risks and limitations. Explain and present technical issues to non-technical audiences. Use of JMP, R, Minitab and SAS and SQL.

Requires a Master’s Degree in Finance/Computational Finance and Risk Management/ Statistics/ Management/Applied Statistics as well as three months in job or job related experience to include review and verify the conceptual framework, assumptions, technical soundness of the models; assess model performance through rigid statistical and quantitative analyses of the model outcomes; document the procedures and results; conduct data quality assessment to ensure the appropriateness and accuracy of data input; explain and present technical issues to non-technical audiences; use of SAS and SQL. Suitable combination of education, training and experience is acceptable. Experience may have been gained before, during or after degree. Opportunity to work from home.


ABOUT KEY:
KeyCorp’s roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies with assets of approximately $136.5 billion at December 31, 2016. Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 15 states under the name KeyBank National Association and First Niagara Bank, National Association, through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

ABOUT THE BUSINESS:
Key Enterprise Risk Management provides leadership on risk management strategies and initiatives for credit, market, compliance and operational risk, as well as portfolio management, quantitative analytics and asset recovery activities. Key's objective is to achieve and sustain strong enterprise risk management practices consistent with industry standards and regulatory expectations in support of business strategies. To reach this goal, risk is identified, measured and managed in a manner that promotes effective decision-making and instills accountability. A strong risk culture is critical to achieving our vision to become the best regional bank in the U.S.

FLSA STATUS:Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

JobID: 26707BR